How to Secure a Bigger Social Media Budget by Maximizing Productivity and Proving ROI in 2023

Article written by Charli and published at Agorapulse, leaders in social media management.

Is 2023 the year for securing a bigger social media budget? If you’re planning out the year ahead, you’ve certainly considered your marketing budget. In particular, your social media budget. Some 89% of CMOs and marketing executives are planning to increase their marketing budgets in 2023, according to a survey by Matter Communications. And that percentage stacks up with other research. 58% of CMOs plan to outsource more to marketing agencies in 2023 and will increase their budgets to do so.

So that’s great … Let’s all increase our social media budgets. Before we get to that part, however, we need to look at the reasons why your clients (if you’re an agency) or boss (if you’re in house) might be hesitant to loosen the budget reins.

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About the author

Charlotte Day, known as Charli, is a content marketing strategist heading up social media and storytelling at Contentworks Agency. A content marketing thought leader, she has 1000+ articles published, guest writes for leading social media hubs and frequently speaks at events. She also maintains her own blog at www.charlisays.com and a writer’s life presence on social media. When she’s not writing and managing the agency, Charli enjoys swimming in the Mediterranean, writing poetry and reading.